London close: Stocks maintain gains amid post-Christmas rally

27th Dec 2023 14:25

(Sharecast News) - London's stock markets closed in positive territory on Wednesday, buoyed by a global surge in stock prices as the S&P 500 neared an all-time high on Wall Street.

Read more

London midday: Stocks ride global wave of post-Christmas optimism

27th Dec 2023 11:20

(Sharecast News) - London's equity markets were still above the waterline at lunchtime on Wednesday, following a late Santa rally on Wall Street overnight.

Read more

London open: FTSE takes cues from Wall Street 'Santa rally'

27th Dec 2023 08:26

(Sharecast News) - London's stocks returned from the Christmas break in the green on Wednesday, boosted by a late Santa rally on Wall Street overnight.

Read more

Anglo sees diamond market "regaining its balance" as De Beers sales rise

20th Dec 2023 07:20

(Sharecast News) - Anglo American has said it is finally seeing signs of a rebalancing in the diamond market after De Beers' final tender of the year saw a pick-up in revenues, after a huge slide in sales over 2023.

Read more

High Court of South Africa dismisses class action case brought against Anglo American

18th Dec 2023 09:19

(Sharecast News) - Mining company Anglo American has seen the High Court of South Africa dismiss a class action certification application brought against its wholly-owned South African subsidiary for lead pollution in Zambia.

Read more

Berenberg slashes target price on Anglo American

11th Dec 2023 09:31

(Sharecast News) - Analysts at Berenberg slashed their target price on multinational mining group Anglo American from 2,000.0p to 1,500.0p on Monday, stating its recent update left "a lot to answer".

Read more

London close: Stocks firmer as US payrolls beat forecasts

8th Dec 2023 17:42

(Sharecast News) - London's financial markets closed positively on Friday as investors digested the latest non-farm payrolls report out of the United States.

Read more

Anglo American targets $1bn in cost cuts by end-2024

8th Dec 2023 07:16

(Sharecast News) - Global miner Anglo American on Friday outlined plans to cut operational costs by around $1bn by the end of 2024, reducing production by about 4% as near-term constraints and volatile market conditions continued to weigh on earnings and its share price.

Read more

London close: Stocks rise as investors digest US jobs data

6th Dec 2023 15:15

(Sharecast News) - London's stock markets finished with a positive performance on Wednesday, with the FTSE 100 and FTSE 250 both closing in the green.

Read more

London close: Stocks finish weaker as commodities drag

4th Dec 2023 15:46

(Sharecast News) - London's equity markets closed lower on Monday as investors kept a watchful eye on upcoming US jobs data, while gold prices surged to record highs.

Read more

London close: Stocks rise on flurry of manufacturing data

1st Dec 2023 17:39

(Sharecast News) - London stocks closed positively on Friday, with miners playing a pivotal role following broker upgrades and optimistic Chinese manufacturing data.

Read more

UBS upgrades Anglo American, Antofagasta to 'buy'

1st Dec 2023 14:26

(Sharecast News) - UBS upgraded its stance on miners Anglo American and Antofagasta on Friday to 'buy' from 'neutral'.

Read more

Berenberg lowers target price on Anglo American ahead of December update

29th Nov 2023 09:14

(Sharecast News) - Analysts at Berenberg lowered their target price on precious metals miner Anglo American from 2,500.0p to 2,200.0p on Wednesday ahead of the group's 8 December update.

Read more

Sector movers: Miners and banks pace gains

15th Nov 2023 22:50

(Sharecast News) - Miners and banks paced gains on Wednesday helped by better-than-expected out in China and the UK.

Read more

London close: Stocks maintain gains on cooler inflation reading

15th Nov 2023 14:21

(Sharecast News) - London markets closed positively on Wednesday after a larger-than-anticipated decline in UK inflation sparked optimism about potential interest rate cuts.

Read more